The Australian Capital Territory Government has committed $137 million during its first economic stimulus phase to project jobs and support businesses through the impact of COVID-19.
Key Issues —
As providers across the higher education, vocational education, training and skills sectors are impacted by the outbreak of the COVID-19 virus and measures taken to contain its spread, the Independent Tertiary Education Council Australia (ITECA) has been a strong advocate for the Australian Capital Territory Government to introduce measures to support not only the independent tertiary education sector, but also the businesses that employ its students. In this context the assistance package below is welcome.
Australian Capital Territory (ACT) stimulus measures include:
A number of support measures for household have also been announced. Additional measures to support the ACT economy will be announced in the coming weeks.
- A freeze on a number of government fees and charges;
- Rebate on commercial property rates;
- Interest free deferrals of payroll tax commencing 1 July 2020 for businesses up to a payroll threshold of $10 million.
To access the full details of the stimulus package, please visit the ACT Government website.
ITECA is taking the lead role to ensure that the Australian Capital Territory Government provides timely assistance and support to support independent tertiary education providers impacted by the outbreak of the COVID-19 virus and the measures taken to contain its spread. The shared experience of ITECA members is supporting advocacy to government and if you experience any issues be sure to email firstname.lastname@example.org or telephone 1300 421 017.
Member Engagement —
ITECA’s ability to play a lead role in matters associated with this issue rests on the advice and guidance of individuals serving on the ITECA Australian Capital Territory Committee.
Further Information —
For more information on this issue please send an email to email@example.com or telephone 1300 421 017. Stay up to date via Twitter @ITECAust or via Facebook at www.facebook.com/ITECAust.
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